Declaration of the Importance of a Secure Financial System and Order and Decree of Safe Domestic and International Transfer of Monies a
It is hereby declared and ordered that the system of money transfer between persons, states, countries, and banks is as follows: Between Banks for Domestic State-to-State Transfers In the Monarchies and nation states and domestic states, moving money between two different banks within the same sovereign borders may use one of three systems below: USA-SAM ACH (Automated Clearing House) System: The workhorse of the U.S. system. It bundles transactions into batches. The process takes no more than 2 business days with ACH available on the same day within specific hours and rules set by the Banks for a maximum of One Million dollars US allowed in each transfer. FedNow: Launched by the Federal Reserve, this is the newest "instant" rail. It allows for 24/7/365 transfers that settle in seconds . It is the gold standard for modern domestic security and speed and the oversight is within the Department of Justice for transparency of fund transfers. Fedwire: Used by US i...
